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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

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Question 1

The finance function of an organisation supports the organisation's strategies and operations.

 

Which THREE of the following activities are fundamental to the role of the finance function?

Options:

A.

Recruitment and selection of a new financial controller

B.

Preparation of statutory reports

C.

Preparation of plans, forecasts and budgets

D.

Working capital reporting and control

E.

Supplier selection for a new raw material supplier

F.

Customer management and after-sales support

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Question 2

Which of the following best describes the 'passive stage' of purchasing?

Options:

A.

Purchasing has no strategic direction

B.

Purchasing is concentrated on price negotiation

C.

Purchasing integrates latest practices and technology

D.

Purchasing is independent of corporate strategy

Question 3

Which of the following is NOT a feature of a strategic level information system?

Options:

A.

It has a long term focus.

B.

It helps middle managers to monitor and control.

C.

It has high levels of uncertainty and subjectivity.

D.

It handles information which is valid for the whole organisation.

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